NOTE 5. EQUITY, ROYALTY AND INTEREST INCOME FROM INVESTEES
Equity, royalty and interest income from investees included in our Condensed Consolidated Statements of Income for the interim reporting periods was as follows:
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Three months ended |
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Six months ended |
In millions |
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June 29, 2014 |
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June 30, 2013 |
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June 29, 2014 |
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June 30, 2013 |
Distribution Entities |
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North American distributors |
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$ |
30 |
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$ |
29 |
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$ |
62 |
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$ |
64 |
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Komatsu Cummins Chile, Ltda. |
|
8 |
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6 |
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14 |
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|
11 |
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All other distributors |
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1 |
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— |
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2 |
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— |
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Manufacturing Entities |
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Dongfeng Cummins Engine Company, Ltd. |
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22 |
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|
20 |
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|
36 |
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32 |
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Chongqing Cummins Engine Company, Ltd. |
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15 |
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17 |
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26 |
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|
29 |
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Beijing Foton Cummins Engine Co., Ltd. (Light-duty) |
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8 |
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|
9 |
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14 |
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|
10 |
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Shanghai Fleetguard Filter Co., Ltd. |
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3 |
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4 |
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6 |
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|
7 |
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Tata Cummins, Ltd. |
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2 |
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2 |
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4 |
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3 |
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Cummins Westport, Inc. |
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— |
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3 |
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1 |
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3 |
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Beijing Foton Cummins Engine Co., Ltd. (Heavy-duty) |
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(7 |
) |
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(7 |
) |
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(13 |
) |
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(10 |
) |
All other manufacturers |
|
14 |
|
|
15 |
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|
23 |
|
|
22 |
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Cummins share of net income |
|
96 |
|
|
98 |
|
|
175 |
|
|
171 |
|
Royalty and interest income |
|
9 |
|
|
10 |
|
|
20 |
|
|
19 |
|
Equity, royalty and interest income from investees |
|
$ |
105 |
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|
$ |
108 |
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|
$ |
195 |
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$ |
190 |
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